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A majority vote should be sufficient to amend company by laws
Majority vote of common shares enough for important corporate decisions like buyback, change in ownership of 20% or more of the assets, ESOP introduction, compensation for employees, going for debt etc.
An action should not be taken if it is to reduce its accountability to shareholders
CG policies should serve to enhance equal treatment for shareholders
Shareholders should have meaningful ability to participate in major decisions that affect corporate viability.
Shareholders should have meaningful ability to nominate director candidates and also for processes for their selection and evaluation
Directors who attend less than 75% of meetings for 2 consecutive years should not be re-nominated
The Board should evaluate itself and its members on a continual basis. It should comprise of members having a diverse set of skills, background, experiences, ages, races and genders appropriate to the company’s on going needs.